Egypt's Mortgage Finance Authority grants $590m in loans

  • Egypt: Wednesday, November 28 - 2012 at 04:57

Egypt's Mortgage Finance Authority (MFA) has said the amount of loans granted to investors rose by 28.7% in September 2012, reaching some EGP3.6bn ($590m), compared with the same month of last year, Ahram has reported. The third quarter of this year saw the total loans reaching some EGP127m ($28m), the report said.

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